Trump signs tax and spending cut bill at White House July 4 ceremony
- President Donald Trump signed a tax and spending cut bill into law on July 4, supported by almost unanimous Republican backing in Congress.
- The legislation extends Trump’s 2017 tax cuts and cuts Medicaid and food stamps by $1.2 trillion, projected to affect 11.8 million people.
- Trump thanked Republican members of Congress during the signing, saying, 'What they did is incredible,' while criticizing Democrats for their opposition.
- Polls indicate that nearly 60% of Americans find it 'unacceptable' the bill will add over $3 trillion to the national debt of $36 trillion over the next decade.
395 Articles
395 Articles
July 4, 2025 – Washington – EFE. President Donald Trump signed a new tax and budget cut law that he described as his greatest achievement so far. The measure, which will significantly reduce federal government taxes and expenditures, was ratified during a ceremony in the White House coinciding with the celebration of Independence Day. This legislation contemplates a strong adjustment in social assistance programs and is anticipated to increase t…
Donald Trump signs ‘One Big Beautiful Bill’ into law. Who benefits the most? What's concerning?
President Trump signed a tax and spending bill into law, garnering strong Republican support. The legislation includes Medicaid work requirements, SNAP cuts, increased SALT deductions, and boosts to defense and border security funding, while primarily benefiting high-income households.
Since his rise to power in 2016, Donald Trump is the head of the Republican Party. In fact, he maintains his name out of pure formality. It is Trump’s party, as it became clear, more than ever, after the assault on the Capitol in January 2021 and after his criminal charges of 2023. His bases were loyal to him, and his leaders had no choice but to go behind. That leadership experienced the biggest test of the last few years this week with the pro…
Trump Signs Sweeping Tax And Spending Bill That CBO Says Will Add $3.3 Trillion To US Deficit, Cut Health Coverage For 11.8 Million Americans
On July 4, Trump signed a tax and spending bill into law, touting it as a historic win despite projections of widening the deficit.
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